Article
News
22/4/2020
A quarantined world. What will the markets do?
A Wave of Shocks Hits the Economy The global economy, and with that global trade is getting hit in waves. The first shock was a supply shock that was caused by production facilities in China coming to a stop. This caused problems in supply chains that depended on parts and materials from China. …
Article
News
17/4/2020
Fiscal Representation and Requirements for Sales Invoices
If you use (limited) fiscal representation when importing goods , and those goods are sold to a third party immediately after importing them, the sales invoice needs to be entered into the VAT administration of your fiscal representative. Because the fiscal representative is established in the …
Article
News
16/4/2020
The Impact of Coronavirus on Europe's main ports
The effect of the coronavirus pandemic is felt across Europe. Freight volumes are starting to go down and empty containers are in the wrong place. Shippers, shipping companies, ports, everyone is impacted. Because ships take about six to eight weeks to make the trip from Asia to Europe, there was a …
Article
News
9/4/2020
Covid19 Update: The impact on import, export, and other customs
Today we bring you a round-up of the main customs-related news items we came across recently when it comes to coronavirus. Germany Gives Company Temporary Financial Relief The German government is allowing companies that are affected by the corona crisis to defer their taxes, without charging …
Article
News
2/4/2020
Limited Fiscal Representation and Why CMR’s Are So Important
Improve Your Cash Flow When a foreign business conducts economic activities in the Netherlands, like importing goods , they need to adhere to the administrative obligations of the Dutch VAT laws. This Value Added Tax (VAT), 21 per cent for most goods, needs to be paid when you import goods into …
Article
News
25/3/2020
Export of personal protective equipment (PPE) is currently prohibited
Export of PPE is prohibited for the time being. For importing personal protective equipment, the following conditions apply: We start a preliminary investigation for each application The Dutch government and customs control the logistics of these products All personal protective equipment must be …
Article
News
19/3/2020
Covid-19 Pandemic Update: Closure of borders within Europe
As a result of Corona, borders within Europe close to people. This closure applies to the Netherlands from March 19 6:00 PM. This closure does not apply to goods. All border gates are closed to passengers from the following countries: Italy, Germany, France, Spain, Norway, Denmark, Belgium, …
Article
News
18/3/2020
Covid19 Update: Possible free movement of goods. Thank you!
Coronavirus has a huge impact on our global society. Different countries have different levels of measures that are being taken to prevent further outbreak. Italy has taken the strongest measures, the country is in lockdown. In Europe, countries like France and Spain are also in a state of …
Article
News
25/2/2020
Customs authorities work to aid foreign trade impacted by Covid-19
The Chinese Customs Authority has vowed to put additional measures in place to stop the spread of the Coronavirus and to make sure foreign trade goes smoothly. Efforts will be made to further simplify customs clearance procedures, reduce inspection and quarantine fees and optimize the port business …
Article
News
30/1/2020
The Covid19 Virus and the impact on global trade
The coronavirus is spreading. The center of the epidemic is still Wuhan, China, but patients with the virus have since been discovered in Japan, Germany, France, Australia. The New York Times has reported that cases in Taiwan, Germany, Japan, and Vietnam involved patients that have not visited …